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Feb 10
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LONG
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Mark Rayfield
CEO, Saint-Gobain North America
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There is a distinct split in the office market. "A buildings are always full and the C buildings aren't." To compete, landlords must renovate Class B/C buildings into Class A environments. This isn't just about coffee machines; it requires upgrading "building science" elements like acoustics (sound-dampening walls/ceilings) and electrochromatic glass (natural light without glare/heat) to improve worker productivity and comfort. Data suggests better acoustics lead to less stress and absenteeism in schools and offices, driving demand for high-performance materials. Owners "flipping" buildings may cut corners on long-term quality upgrades. |
CNBC
Property Play: Saint-Gobain North America's c...
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